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Readymix profits plummet by 42%

READYMIX PLC said annual profit fell 42% as a housing slump curbed demand for its products.

Readymix profits plummet by 42%

Tue, 04 Mar, 2008 - 00:00

Net profit fell to €21.4 million from €36.8m a year earlier, the Dublin-based company said yesterday.

Sales fell 10% to €220m.

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Courts Place: Dublin Organisation: Readymix Organisation: Readymix plc

<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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